CresudCIF y A (STU:CD8) Cyclically Adjusted PB Ratio: 3.37 (As of Jul. 22, 2026) — 19% Below Median

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STU:CD8 Cresud SACIF y A STU:CD8
66 GF Score
Price €9.75
GF Value €6.54
Valuation Significantly Overvalued
! 13 Warning Signs
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What is CresudCIF y A Cyclically Adjusted PB Ratio?

CresudCIF y A STU:CD8 +3.72% 66 Cyclically Adjusted PB Ratio is 3.37 as of Jul. 22, 2026, which is 19% below its 10-year median of 4.15. GuruFocus rates STU:CD8 with a GF Score™ of 66/100 and a GF Value™ of €6.54 (Significantly Overvalued). The stock has 13 warning signs investors should review. Among 476 Conglomerates companies, CresudCIF y A ranks worse than 85.08% on this metric.

As of today (2026-07-22), CresudCIF y A's current share price is €9.75. CresudCIF y A's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €2.89. CresudCIF y A's Cyclically Adjusted PB Ratio for today is 3.37.

The historical rank and industry rank for CresudCIF y A's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:CD8' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.48   Med: 4.15   Max: 8.57
Current: 3.58

During the past years, CresudCIF y A's highest Cyclically Adjusted PB Ratio was 8.57. The lowest was 1.48. And the median was 4.15.

STU:CD8's Cyclically Adjusted PB Ratio is ranked worse than
85.08% of 476 companies
in the Conglomerates industry
Industry Median: 1.06 vs STU:CD8: 3.58

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

CresudCIF y A's adjusted book value per share data for the three months ended in Mar. 2026 was €11.400. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €2.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CresudCIF y A  (STU:CD8) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


CresudCIF y A Cyclically Adjusted PB Ratio Related Terms


CresudCIF y A Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CresudCIF y A's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CresudCIF y A Cyclically Adjusted PB Ratio Chart

CresudCIF y A Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.74 2.92 3.65 5.17 3.54

CresudCIF y A Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.50 3.54 3.40 4.28 3.81

STU:CD8 vs HON, MMM: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, CresudCIF y A's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CresudCIF y A Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, CresudCIF y A's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CresudCIF y A's Cyclically Adjusted PB Ratio falls into.


STU:CD8
66GF Score
Cresud SACIF y A STU:CD8
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CresudCIF y A Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

CresudCIF y A's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.75/2.89
=3.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CresudCIF y A's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, CresudCIF y A's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=11.4/330.2130*330.2130
=11.400

Current CPI (Mar. 2026) = 330.2130.

CresudCIF y A Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.690 241.018 21.496
201609 0.751 241.428 1.027
201612 2.459 241.432 3.363
201703 3.119 243.801 4.224
201706 15.974 244.955 21.534
201709 14.406 246.819 19.273
201712 15.557 246.524 20.838
201803 14.060 249.554 18.604
201806 23.062 251.989 30.221
201809 11.493 252.439 15.034
201812 11.667 251.233 15.335
201903 11.753 254.202 15.267
201906 8.959 256.143 11.550
201909 5.060 256.759 6.508
201912 4.348 256.974 5.587
202003 2.566 258.115 3.283
202006 9.468 257.797 12.128
202009 6.952 260.280 8.820
202012 5.856 260.474 7.424
202103 5.490 264.877 6.844
202106 7.634 271.696 9.278
202109 5.073 274.310 6.107
202112 7.952 278.802 9.418
202203 8.103 287.504 9.307
202206 22.902 296.311 25.522
202209 12.314 296.808 13.700
202212 11.688 296.797 13.004
202303 12.613 301.836 13.799
202306 70.565 305.109 76.371
202309 14.400 307.789 15.449
202312 20.512 306.746 22.081
202403 10.772 312.332 11.389
202406 16.904 314.175 17.767
202409 11.861 315.301 12.422
202412 11.714 315.605 12.256
202503 12.256 319.799 12.655
202506 11.664 322.561 11.941
202509 10.870 324.800 11.051
202512 10.036 324.054 10.227
202603 11.400 330.213 11.400

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 3.37 mean?
CresudCIF y A (STU:CD8) has a Cyclically Adjusted PB Ratio of 3.37 as of Jul. 22, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on CresudCIF y A and its competitors. This is 19% below median its historical median of 4.15. Over the past decade, CresudCIF y A's Cyclically Adjusted PB Ratio has ranged from 1.48 to 8.57. According to the industry distribution chart, CresudCIF y A ranks #405 out of 476 companies in the Conglomerates industry, placing it in the top 85.1%.
Is CresudCIF y A's Cyclically Adjusted PB Ratio too high?
CresudCIF y A's current Cyclically Adjusted PB Ratio of 3.37 is 19% below median its 10-year median of 4.15. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 8.57. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.06. CresudCIF y A's value of 3.37 is 217.9% above this industry median. Based on the distribution chart, CresudCIF y A ranks #405 out of 476 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, CresudCIF y A has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CresudCIF y A's Cyclically Adjusted PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, CresudCIF y A ranks #405 out of 476 companies for Cyclically Adjusted PB Ratio. This places CresudCIF y A in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.06. CresudCIF y A's value of 3.37 is 217.9% above this benchmark. Historically, CresudCIF y A's own Cyclically Adjusted PB Ratio has ranged from 1.48 to 8.57 over the past decade. While the company's 10-year median is 4.15 vs. the industry median of 1.06, CresudCIF y A has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.06, based on 476 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CresudCIF y A's current Cyclically Adjusted PB Ratio of 3.37 is 217.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on CresudCIF y A and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CresudCIF y A's current Cyclically Adjusted PB Ratio is 3.37, which is 19% below median its own 10-year median of 4.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CresudCIF y A stock overvalued right now?
Based on GuruFocus' analysis, CresudCIF y A (STU:CD8) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.54, compared to a current price of €9.75 — trading 49.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.37, which is 19% below median its 10-year median of 4.15 and 217.9% above the Conglomerates industry median of 1.06. CresudCIF y A's overall GF Score™ is 66/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For CresudCIF y A (STU:CD8), the current Cyclically Adjusted PB Ratio is 3.37 as of Jul. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CresudCIF y A (STU:CD8) Overvalued in 2026?

Based on GuruFocus' analysis, CresudCIF y A stock appears to be overvalued. The current stock price of €9.75 is trading 49.1% above its estimated GF Value™ of €6.54. GuruFocus considers CresudCIF y A to be Significantly Overvalued.

Key valuation signals for STU:CD8:

  • Cyclically Adjusted PB Ratio: 3.37 (19% below median its 10-year median of 4.15)
  • GF Value™: €6.54 vs. price of €9.75 (49.1% above fair value)
  • GF Score™: 66/100 with 13 warning signs
  • Industry Position: 217.9% above the Conglomerates median (#405 of 476)

No single metric tells the full story. See the STU:CD8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CresudCIF y A Business Description

Other Exchanges CRESY:USACRES:Argentina
Address Carlos M. Della Paolera 261, 9th Floor, Buenos Aires, ARG, C1001ADA
Cresud SACIF y A is a Latin American agricultural firm producing basic commodities with a growing presence in Argentina, Brazil, and other countries through its investment in Brasilagro. It focuses on grains, sugarcane, and cattle farming, acquiring and developing agricultural properties for production or value appreciation, and occasionally selling appreciated land. It also leases land and offers agency and agro-industrial services. Operations are divided into two segments: agricultural business (production, land transformation and sales, corporate services) and urban properties and investments (shopping malls, offices, sales, developments, hotels, and related activities).
66GF Score

Get the complete analysis for STU:CD8

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€9.75
Price
€6.54
GF Value